Re: Obama Wins
IMO, IT will not be affected much, but ITES will be.
IT Companies will find a way around the new Tax laws. Developing software in India and selling to US customers will not count as "outsourcing", but as a trade. So, development firms should be unaffected.
However, ITES will take a major hit. By ITES, I mean IT Enabled Services - BPO and others. Jobs that could have remained back in the US but have been bangalored.
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